FHA VS. Conventional Loan

By
Real Estate Agent with Jonske Rinehart Group w/ Keller Williams Realty St Louis

mortgage insurance premiums fhaTwo of the most common loan products available today are FHA (Government insured loan product) and Conventional financing (Conforming to Fannie Mae and Freddie Mac Guidelines). How do I know which loan works best for me?

 

One program is not necessarily better than the other; rather, the best loan program is dependent upon your financial situation. Factors that affect your loan program choice are based on credit score, down payment, and debt-to-income ratio.

 

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Posted by

Jonske Rinehart Group with Keller Williams Realty St Louis

10936 Manchester Road

Kirkwood, MO 63122

website: www.jonskerinehartgrouprichmondheights.com

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Comments (1)

Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Right now I'm steering the ship away from "Life of Loan MIP" !!!!

Oct 07, 2015 09:42 AM